--- title: "It Seems Very Clear Why Don Trump Jr. Has Suddenly Been Yeeted Out of Kalshi" description: "Donald Trump Jr. has left his role as an advisor to the prediction market Kalshi as Democrats prepare to retake Congress." date: "2026-11-13" modified: "2026-11-13" authors: - name: "Maggie Harrison Dupré" job_title: "Senior Staff Writer" link: "https://futurism.com/authors/mharrison.md" url: "https://futurism.com/future-society/donald-trump-jr-yeeted-out-kalshi" categories: - "Future Society" tags: - "donald trump jr" --- # It Seems Very Clear Why Don Trump Jr. Has Suddenly Been Yeeted Out of Kalshi ![A color-treated photo of Donald Trump Jr.]() *Shutterstock / Futurism* Donald Trump Jr. has left his role as an advisor to the prediction market Kalshi, the company [confirmed to *Bloomberg*](). The timing of the personnel change is striking given that Trump first joined Kalshi as an advisor shortly before the November 2024 election. Now, his departure comes as tech leaders and their companies [move to distance themselves]() from right-wing politics and the second Trump Administration ahead of Democrats taking back Congressional power in 2027 — with a [broad mandate from voters]() to crack down on government corruption. Trump Jr.'s investment firm, 1789 Capital, is invested in Kalshi and its rival Polymarket. He's held advisor roles with both companies, and as *Bloomberg* notes, he received hundreds of thousands of dollars in equity from Kalshi in exchange for his work. (Kalshi has said that Trump Jr.'s said work has involved giving advice about its "marketing strategy.") Though [the Trump family]() has pledged to keep business dealings away from politics, Trump Jr. urged state attorneys general against moving to limit or regulate prediction markets in a closed-door meeting earlier this year, [according to *The New York Times*](). A Kalshi spokesperson told *Bloomberg* that the decision to part ways was due to Trump Jr.'s investment in its rival, which wasn't at all a secret that would suddenly be an issue post-midterm. "We have mutually agreed to end Don's advisory role after his firm's significant investment in a competitor this past summer," said the company. "We are grateful for his contributions in helping us market Kalshi to more customers." Democrats have vowed to launch investigations into corruption once in power, and should they follow through, the Trump family's relationships with Kalshi and Polymarket will certainly come under Congressional scrutiny. Even now, Kalshi may already be in the government's crosshairs: [*Politico* reported yesterday]() that the Commodity Futures Trading Commission, a top financial regulator, is preparing to file charges against Kalshi for allegedly failing to notify the oversight agency about dozens of new products it was preparing to release to consumers. Kalshi also continues to face pressure on the state level and is fighting a lawsuit brought by the state of New York, which has [accused]() Kalshi of running an "illegal, unlicensed gambling operation." Kalshi and Polymarket have also drawn concern over fears that the bet-on-anything platforms are [worsening America's gambling addiction crisis](). **More on Kalshi:** *[Kalshi Sent Bizarre Message to Underage Streamer]()* ## Author At Futurism, I've reported extensively on the rise of AI as a cultural and business force shaping the media industry, and more broadly how those dynamics are changing how we all consume and share information and relate to one another. I'm also fascinated by public health policy and ethics, the role of emerging tech in politics and governance — and the powerful people and forces at those intersections — climate change, and the environment. My investigation on Sports Illustrated's use of AI-generated authors with fictional biographies won a 2024 Mirror Award for "Best Story on Media Coverage of Artificial Intelligence in Journalism and the Media" from Syracuse University's SI Newhouse School, I contributed to Niemen Lab's 2025 Predictions for Journalism series, and I've discussed my work for Futurism during appearances on NPR, CNN, the BBC, the CBC, and more. I grew up in rural Pennsylvania and attended the University of Massachusetts Amherst, where I played Division I field hockey for the Minutewomen as a midfielder. Since then, I've lived in New Orleans, Louisiana and Manhattan, New York. I spend my free time running, reading, perusing archival fashion, and searching for the world’s best negroni. I also have a debonair tuxedo cat, Westley, who's named after "The Princess Bride." ### Author social links [Bluesky]() ## More - [In Case You Still Think Insider Trading on Prediction Markets Isn’t Real, Trump’s Teleprompter Guy Just Got Busted for Getting Rich on Betting What He Would Say]() - [Kalshi Sued for Running Illegal Gambling Operation]() - [RFK Jr. Gloats About Plan to Gut FDA Under Trump]() - [Don Jr’s Twitter Account Got Hacked, Posted That Trump Had Died]() - [RFK Jr. Grimaces While Eating McDonald’s With Donald Trump, Elon Musk]() - [RFK Jr Is Suddenly in Real Trouble]() - [Trump’s New Crypto Project Is a Type Linked to Organized Crime and Terrorism]() - [RFK Jr.’s Cousin Says He Used to Grind Up Baby Animals in His Drug Den]()